#supply chain
Happy International Diamond Day!
Diamonds may be timeless, but today, they’re also timely. On International Diamond Day, IBM is proud to shine a light on TrustChainTM, a project with IBM Blockchain that is helping to trace the provenance of diamonds used in engagement rings. TrustChain’s goal is to instill trust in the origin and ethical sourcing of jewelry—a mission we can all celebrate.
Learn how TrustChain tracks diamonds on a blockchain ->
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Transparency From Farm to Cup
How do you know your coffee is fresh and fairly-sourced? Brooklyn Roasting Company recently collaborated with IBM to launch a pop-up coffee shop at Smorgasburg, a Brooklyn food festival—serving coffee tracked on the IBM Blockchain platform. When visitors scanned their coffee cup’s unique QR code, they gained access to documentation from the coffee’s global journey, such as a Fair Trade audit revealing how proceeds from the sale of past raw beans helped build classrooms for girls in the Ethiopian growers’ communities. It’s an exciting demonstration of blockchain’s power to connect consumers with growers and small producers behind the products they love.
Learn more about the Blockchain Bean ->
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Get to the source of your jewelry
Do you know the story behind your ring? TrustChain, an initiative built on the IBM Blockchain Platform, is helping trace the provenance of diamonds and precious metals used in engagement rings. By tracking components of engagement rings on a blockchain, gold and diamond industry leaders are working to strengthen the backbone of ethical labor practices and consumer trust in the supply chain. TrustChain is initially tracking six styles of diamond and gold engagement rings, so when it comes to supporting ethically-sourced jewelry, you now have the power to say “I do.”
Learn more about TrustChain ->
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IBM 5 in 5: Blockchain and crypto-anchors will help knock out knockoffs.
In the next five years, cryptographic anchors and blockchain technology will help ensure a product’s authenticity—from its point of origin to the hands of the customer. Knockoffs aren’t always easy to spot, and it can be difficult to pinpoint when and where they are substituted for genuine items. Complex supply chains demand an immutable solution to keep counterfeits from replacing authentic products, goods, and medicines. IBM researchers are developing crypto-anchors are digital fingerprints that can authenticate a product’s origins and contents against records kept in a blockchain ledger, so you always know what you’re receiving. Knockoffs beware—your days are numbered.
See how crypto-anchors will protect supply chains within five years ->
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AFRICAN COTTON – HOW THIS CROP IS KEY TO YOUR AFRICAN FASHION BUSINESS
Cotton expert Tobias Meier shares in my latest youtube video about an amazing cotton project happening in Burkina Faso and highlights how cotton grown and processed locally positively affects the cotton farmers, the economy, through to your own fashion business. He also shares about an amazing cotton tee shirt project launching from this too of which we are supporting. Do get in touch for more…
“If we know cocoa is being produced on plantations in West Africa using slave labor, and then being imported into the U.S., we still have to allow it in because the U.S. cannot produce enough cocoa to meet U.S. demand.” This will now change.
Read the article here.
REBLOG to celebrate this game changer in the fight against slavery in our everyday products!
Read Adrian Gonzalez’s blog here.
1 in 4 companies cannot name a single step they have taken to comply with the recently passed Modern Slavery Act.
We can help. REQUEST A DEMO of our slavery risk platform at: madeinafreeworld.com/business.
Read it here.
If after two years a company pays all its fines and proves that it has remedied working conditions, it is removed from the list.
COMMENT about whether you think this is an effective way of dissuading supply chain abuses.
New forced labor supply chain regulations are forcing companies to act. Read about it here.
BUSINESSES, WE CAN HELP! Learn more at: madeinafreeworld.com/business
Read it here.
“At Li & Fung, a logistics company serving major brands and retailers, the reward for better behavior is better financial terms; “good suppliers” get paid 15 or 30 days faster than others. Ireland-based firm PCH International, a custom design manufacturer, borrows funds for its best performing suppliers at interest rates far lower than a factory would likely have to pay if it tried to borrow money from the bank.”
https://www.gsb.stanford.edu/insights/how-big-brands-can-cultivate-ethical-suppliers
Cause And Effect (2014) by Jason Kearney. See the rest here.
Source material for photomontages:
Vice andI-D,1996 to 2014.
Fashion Victims by Allison Joyce.
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Wired follows a shipping container to figure out where bottlenecks happen and why everything is in such short supply these days.
Build Back…Better???
